A Professional Club and Promoter's Bond is required for businesses that organize events, entertainment, or professional clubs in California. This $1,000 bond acts as a financial guarantee that you'll follow state laws and fulfill your obligations to customers and the state. If you break the rules or fail to meet your …
Overview
What it is.
A Professional Club and Promoter's Bond is required for businesses that organize events, entertainment, or professional clubs in California. This $1,000 bond acts as a financial guarantee that you'll follow state laws and fulfill your obligations to customers and the state. If you break the rules or fail to meet your …
Who usually needs it
Boxing and wrestling promoters in California.
Pricing & timing
What to expect.
Generic pricing
Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending o…
Typical timeframe
Credit-based approval — varies by bond type
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateCABond amount$1,000ObligeeState of CaliforniaBond classMiscellaneous CommercialCategoryOtherBondProfessional Club and Promoter's BondPlain descriptionA Professional Club and Promoter's Bond is required for businesses that organize events, entertainment, or professional clubs in California. This $1,000 bond acts as a financial guarantee that you'll follow state laws a…Who needs this bondBoxing and wrestling promoters in California.
